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Indonesia seeks to optimize cooperation with Japan through JETRO

Diposting pada 22 Juni 2024 oleh admin / Dilihat: 0 kali

Jakarta (ANTARA) –

The Ministry of Industry seeks to optimize industrial cooperation between Indonesia and Japan by utilizing research conducted by the Japan External Trade Organization (JETRO).

Minister of Industry Agus Gumiwang Kartasasmita in his statement, Friday, said that JETRO Jakarta plays an important role in improving economic relations between the two countries.

He said that economic relations between Indonesia and Japan were improving through a series of activities carried out by business actors from both countries to strengthen trade and investment relations.

He made this statement when he met with JETRO Chairman Ishiguro Norihiko in Tokyo, Thursday.

Kartasasmita said JETRO provides benefits to the industrial investment climate in the country through the 2023 Business Conditions survey, which seeks to understand the business conditions of companies affiliated with Japan and located in Asia and Oceania.

The survey results provide an overview to the Indonesian government regarding the business preferences of Japanese affiliated companies operating in Indonesia, including factors that are considered profitable in doing business as well as the company’s optimism regarding investment expansion.

“JETRO’s research results can also be used as consideration in the policy formulation process to increase competitiveness and maintain a good business climate in order to attract investment, both through business expansion and new investment,” he said.

Furthermore, Kartasasmita asked JETRO to carry out further analysis to accelerate investment by Japanese companies in Indonesia, considering that the amount of Japanese investment in Indonesia is currently lower than Thailand.

“We ask JETRO to help explore the steps the Indonesian government needs to take to increase investment,” he said.

Meanwhile, Ishiguro said that his organization could play a role in bringing together Indonesian and Japanese companies to collaborate in the desired fields.

“We will follow up on what the minister said,” he said. “Currently we also have a business support desk to provide information regarding business relationships with Japanese companies.”

Related news: Indonesia will study free lunch program from Japan: Minister Hartarto
Related news: Indonesia and Japan discuss changes to the IJEPA Protocol

Translator: Ahmad Muzdaffar Fauzan, Cindy Frishanti Octavia
Editor: Anton Santoso
Copyright © ANTARA 2024

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Indonesia seeks to optimize cooperation with Japan through JETRO

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